23% of jobs will change by 2027

The push of digitization, the green economy and changes in the supply chain will mean that up to 23% of jobs will be different by 2027, a change that will imply a net loss of 14 million jobs, according to a report published this Monday by the World Economic Forum, focused on the future of the world of work.

Oliver Thansan
Oliver Thansan
01 May 2023 Monday 02:41
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23% of jobs will change by 2027

The push of digitization, the green economy and changes in the supply chain will mean that up to 23% of jobs will be different by 2027, a change that will imply a net loss of 14 million jobs, according to a report published this Monday by the World Economic Forum, focused on the future of the world of work.

In a win-loss game, tech-focused and customer-facing jobs will be tails and ends. The analysis has been prepared based on the responses of more than 800 companies, which have identified that employment will be driven in the near future by the ecological transition, environmental, social and governance standards, and the location of supply chains. .

The adoption of advanced technology and digitization will have a strong influence and a positive impact on job creation. 69 million jobs will be created, but at the same time some 83 million will be destroyed, giving a negative balance of 14 million jobs.

The biggest job creator will be digital commerce, with at least 2 million new positions. Big data management will be another big driver, with jobs as data scientist/analyst and big data specialists. Similarly, at least 30% more specialists in artificial intelligence robot learning and cybersecurity experts will be needed.

Among the most affected will be positions related to administrative functions and facing the public. Bank employees, postal services, cashiers and ticket and season ticket vendors are the ones that will decrease the fastest. On the losing side are also office jobs, among which cashiers and clerks in charge of entering data into computers will be affected more quickly.

Faced with this perspective, the executive director of the Davos Economic Forum, Saadia Zahidi, has pointed out that the advancement of artificial intelligence and other technologies will increase the uncertainties that had already set in as a result of the pandemic and the economic and geopolitical crisis. Up to 60% of employees will need on-the-job training before 2027, but only half will access an adequate one.

According to the report, automated tasks today are about the same as they were three years ago, with some slowdown in expected progress. In total, 34% of tasks are automated, only 1% above 2020. Two years ago the figure was expected to be already at 47%.

In these advances, artificial intelligence will have a lot to say. 75% of companies affirm that they will incorporate it into their activity. Half believe that it will create jobs, while in 25% of cases a destruction of jobs is expected.